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Applications for members of the public to buy shares opened on 27 September 2013, [67] ahead of the company's listing on the London Stock Exchange on 15 October 2013. [ 68 ] During its annual general meeting on 20 July 2022, the company announced that the holding company responsible for both Royal Mail and GLS would change its name to ...
Following the IPO, 52.2% of Royal Mail had been sold to investors, with 10% given to employees for free. Due to the high demand for shares, an additional 7.8% was sold via an over-allotment arrangement on 8 November 2013. This left the government with a 30% stake in Royal Mail and £1.98bn raised from the sale of shares. [22]
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Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares. [1] Ranking. Country / Territory
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Key Points from 24/7 Wall St. Financial guru Suze Orman says getting a tax refund is a huge mistake. You're giving the government an interest-free loan and getting nothing in return.
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